Global Polyethylene Wax Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024-2031 - (By Product Coverage, By Application Coverage, By Geographic Coverage and By Company)
Published Date: Jul 2024 |
Format:
| No. of Pages: 160
The market is predicted to rise from US$1.7 Bn in 2024 to US$2.5 Bn in 2031.
Rising demand from the coatings and printing ink sectors and versatile applications in various industries are propelling market growth.
Yimei New Material Technology Co., Ltd., National Organic Chemicals Ltd. (NOCIL), Indian Petrochemical Corporation Ltd. (IPCL), and Innospec Inc. are some key industry players.
Challenges like the strict regulations by governments and high prices of raw materials are restraining market expansion.
Increasing demand for sustainable and eco-friendly products and expansion of the packaging industry are the major factors creating opportunities in the market.